€ 365 000

€ 4 620 / sqm

+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

The purchase is made by an individual, not a legal entity.
The buyer is not going to rent out the acquired property.
This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.

A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

79m2 Office in Geroskípou, Paphos, Cyprus No. 50774

79 sq.m.

Square

Parameters

Property Description

For sale is an excellent off-plan office space in the growing area of Geroskipou. This property offers 79 square meters of internal space, designed to suit a variety of business needs. Situated on the first floor of a two-floor building, the office includes easy access by elevator and features a dedicated basement area, perfect for extra storage.

Inside, the office is unfurnished, allowing you to create your ideal working environment. A modern central air conditioning system ensures year-round comfort for you and your staff. Large windows provide plenty of natural light, making the space both welcoming and productive.

The location is one of Geroskipou's finest, close to the main highway for easy commuting and only a short drive from a range of amenities, including shops, restaurants, and professional services. Geroskipou is renowned for its blend of traditional charm and modern conveniences, making it an attractive place for businesses seeking a vibrant yet accessible setting.

This office is an excellent investment opportunity, suitable for both new companies and established firms looking for expansion. Contact Purple International Real Estate for more information or to arrange a viewing of this promising property.